Norwin S & Elizabeth N Bean Foundation is located in Manchester, NH. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwin S & Elizabeth N Bean Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Norwin S & Elizabeth N Bean Foundation generated $676.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $767.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Norwin S & Elizabeth N Bean Foundation has awarded 344 individual grants totaling $5,701,532. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John F Dinkel Senior Trustee | 8 | $0 | |
Thomas J Donovan Senior Trustee | 8 | $2,500 | |
Richard Sigel Term Trustee | 4 | $1,500 | |
Katy Easterly-Martey Term Trustee | 4 | $1,500 | |
Robert Heaton Term Trustee | 4 | $2,500 | |
Kristen Mccracken Term Trustee | 4 | $1,500 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $17,509 |
Dividends & Interest | $439,891 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $219,347 |
Capital Gain Net Income | $219,347 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $676,747 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $11,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,826 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,456 |
Total operating and administrative expenses | $168,511 |
Contributions, gifts, grants paid | $598,726 |
Total expenses and disbursements | $767,237 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $187,915 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $250,000 |
Total assets | $12,833,022 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Norwin S & Elizabeth N Bean Foundation has awarded $598,726 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN RED CROSS OF NH PURPOSE: PURCHASE POWER RED BLOOD MACHINE FOR MANCHESTER BLOOD CENTER | $15,622 |
ANDY'S SUMMER PLAYHOUSE PURPOSE: TO SUPPORT TOURING PRODUCTION PERFORMED BY YOUNG ARTISTS FOR YOUNG AUDIENCES - ALL TUITION FREE | $25,000 |
AVIATION MUSEUM OF NH PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMMING AND OUTREACH TO STUDENTS IN THE MANCHESTER SCHOOL DISTRICT AT MIDDLE AND HIGH SCHOOL LEVEL | $15,570 |
CITY OF MANCHESTER PURPOSE: ADDRESS HOMELESSNESS | $15,000 |
BREAKTHROUGH MANCHESTER PURPOSE: TO SUPPORT TUITION-FREE COLLEGE ACCESS PROGRAM FOR STUDENTS FROM MANCHESTER FROM TRADITIONALLY UNDERSERVED COMMUNITIES | $25,000 |
COMMUNITY CAREGIVERS OF DERRY PURPOSE: FOR MEDICAL EQUIPMENT | $5,000 |